Download Alternatives to Neoliberal Globalization: Studies in the by Dic Lo (auth.) PDF

By Dic Lo (auth.)

Show description

Read or Download Alternatives to Neoliberal Globalization: Studies in the Political Economy of Institutions and Late Development PDF

Best economic theory books

Public Goods, Redistribution and Rent Seeking

Gordon Tullock, eminent political economist and one of many founders of public selection, bargains this new examine how governments and externalities are associated. Economists often justify govt as facing externalities, outlined as merits or charges which are generated because the results of an fiscal task, yet that don't accrue on to these considering the job.

Economics Advance International Trade, Theory and Evidence Feenstra

Exchange is a cornerstone thought in economics all over the world. This up-to-date moment version of the fundamental graduate textbook in overseas alternate brings readers to the leading edge of data within the box and prepares scholars to adopt their very own study. In complicated overseas exchange, Robert Feenstra integrates the most up-tp-date theoretical ways with empirical facts, and those fabrics are supplemented in every one bankruptcy via theoretical and empirical routines.

Making Sense of a Changing Economy: Technology, Markets and Morals

In Making experience of Economics Edward Nell provides an unorthodox and unique view of the present kingdom of financial concept and rules. Deriding the overall pattern for 'econobabble', the writer explains explanation why traditional knowledge in economics now turns out inappropriate and appears to most likely destiny situations.

Imperfect General Equilibrium: The Economy as an Evolutionary Process: Individualistic, Discrete, Deterministic

Monetary conception of the final fifty years has been ruled by way of the paradigm of normal Equilibrium idea, according to the clinical paintings of Walras-Pareto-Cassel-Wald-Hicks-Arrow-De­ breu-McKenzie. a few of its grounding assumptions are: all costs are absolutely versatile; an auctioneer safely manipulates all costs based on the legislations of provide and insist; each con­ sumer has just one funds constraint; all brokers are completely educated; no activities are taken through brokers earlier than a vector of costs has been discovered such that each one markets transparent.

Extra info for Alternatives to Neoliberal Globalization: Studies in the Political Economy of Institutions and Late Development

Sample text

On the one hand, as Freeman and Perez (1988, p. ’ On the other hand, the nature of the transition is such that it requires a transformation of the skill profile, the profile of capital equipment, the consumption pattern, the financial system, etc. 6 What characterizes the new paradigm? The flexible specialization theorists are more willing than the regulationists to answer this question, because of their conceptualization of the transition as one of relative decline and rise instead of a general crisis.

The explanation is that, on the one hand, productivity increase gradually slowed down, as the gains achieved through upheaval of the labour process tended to reach their technical and social limits. On the other hand, the growth of wages continued because of workers’ militancy over low unemployment and state welfare protection. There followed the crisis symptoms 26 Alternatives to Neoliberal Globalization of profit squeeze, investment decline, and, eventually, the replacement of ‘Keynesianism’ by monetarism under the fiscal crisis of the state.

2002, 2003; Glaeser et al. 2001). To answer the question of institutional uniformity versus diversity, the new political economy devises an analytical framework that involves the trade-off between market failures and government failures. The analyses of two particular issues are illustrative of this strand. The first concerns the relative efficiency of two arrangements, the court vis-à-vis regulatory agents, in the enforcement of laws or contracts. It is argued that regulators, compared with judges, are typically faced with stronger but more biased incentives for enforcement.

Download PDF sample

Rated 4.32 of 5 – based on 6 votes